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EXIN EX0-004 Exam Syllabus Topics:

EXIN Management of Risk Foundation Sample Questions:

Question 1

Which defines an'MoR health check'?

A. An approach to embed the M_o_R principles
B. A benchmarking of current capability
C. A list of actions to improve the way risk management is performed
D. A tool to identify how the application of M_o_R might be improved

Question 2

What M_o_R principle states that managing risks is most effective when staff members are rewarded for proactive risk management behaviour?

A. Informs decision-making
B. Creates a supportive culture
C. Facilitates continual improvement
D. Achieves measurable value

Question 3

Which information does the 'PESTLE analysis' technique help to discover?

A. Identification of who should communicate with key stakeholders involved in an activity
B. Risks identified on previous similar activities
C. External factors that may have an impact on an activity
D. Future developments that are at the margins of current thinking and planning

Question 4

Which role provides sponsorship to ensure that risk management is embraced within the organization?

A. Assurance
B. Senior manager
C. Manager
D. Risk specialist

Question 5

How is the risk progress report used in the'implement' step?

A. Gain agreement for the amount of risk that can be taken
B. Identify the scales used to measure the probability and impact of a risk
C. Identify the status against the activity's stated measures for risk management
D. Describe actions to enhance how risk management is performed

Solutions: